Author: Richard B. (Richard Blankson) Dadzie.
Comparative studies between Sub-Saharan Africa and East Asia have shown
divergence in economic growth and development. This study argues that in order for Sub-
Saharan Africa to make progress in its quest for development, countries in the region must
carefully and seriously study the development experiences of late-industrializing economies
in East Asia. They must adopt where possible those practices that led to their structural
transformation and economic success. The case of Ghana and Malaysia provide an excellent
example of two nations similar at independence but different today. In explaining their
divergence, economy-wide and sector-specific comparisons are made to highlight their
experiences and formulate lessons for Ghana's development. Fieldwork in Central Region,
Ghana and Sarawak, Malaysia is used as a backdrop to discuss agricultural transformation
and rural development. In explaining the divergent development experiences of these two
nations, the analytical toolset of heterodox development economists is extensively used.
Concepts such as the developmental state, embedded autonomy and social legitimacy are
used to highlight the role of the state in the process of economic change, and theories of
modern money and institutional adjustment are discussed in relation to the creation of a
Ghanaian developmental state.